{"id":4364,"date":"2026-08-05T13:00:00","date_gmt":"2026-08-05T10:00:00","guid":{"rendered":"https:\/\/kampalatrends.com\/index.php\/2026\/08\/05\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\/"},"modified":"2026-08-05T13:00:00","modified_gmt":"2026-08-05T10:00:00","slug":"pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl","status":"publish","type":"post","link":"https:\/\/kampalatrends.com\/index.php\/2026\/08\/05\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\/","title":{"rendered":"PAC-COSASE MPs Inspect Uganda\u2019s Properties in Mombasa, Push for Capitalisation of UPHL"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"wp-block-paragraph\">Members of Parliament on the Public Accounts Committee \u2013 Committee on Commissions, Statutory Authorities and State Enterprises (PAC-COSASE) are conducting an oversight visit to Uganda Property Holdings Limited (UPHL) in Mombasa to scrutinise the Auditor General\u2019s observations for the 2024\/25 financial year.<\/p>\n<p class=\"wp-block-paragraph\">The Committee, led by the COSASE Chairperson, Hon. Nkunyingi Muwada, inspected the 24 properties owned by UPHL in Mombasa and held engagements with the company\u2019s management, led by the Managing Director, Mr. Wilbert Mugume.<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"684\" alt=\"\" class=\"wp-image-25822\" srcset=\"https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-1024x684.jpeg 1024w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-300x200.jpeg 300w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-768x513.jpeg 768w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-150x100.jpeg 150w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-696x465.jpeg 696w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-1068x713.jpeg 1068w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-629x420.jpeg 629w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff.jpeg 1224w\" data-lazy-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-1024x684.jpeg\"\/><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-1024x684.jpeg\" alt=\"\" class=\"wp-image-25822\" srcset=\"https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-1024x684.jpeg 1024w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-300x200.jpeg 300w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-768x513.jpeg 768w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-150x100.jpeg 150w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-696x465.jpeg 696w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-1068x713.jpeg 1068w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff-629x420.jpeg 629w, https:\/\/ubc.go.ug\/wp-content\/uploads\/2026\/08\/59c9755c-6bcb-4a0a-8340-27d6dbd0c7ff.jpeg 1224w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><\/figure>\n<p class=\"wp-block-paragraph\">During the tour, the Managing Director assured the legislators that all properties under UPHL\u2019s ownership and custody are titled and free from encumbrances.<\/p>\n<p class=\"wp-block-paragraph\">However, he noted that several properties located in prime areas of Mombasa remain underdeveloped and require redevelopment if the company and the country is to realise higher returns from them. He added that although UPHL is self-sustaining, it has never been capitalised since its inception, and capitalisation is necessary to enable the redevelopment of these underutilised assets.<\/p>\n<p class=\"wp-block-paragraph\">The MPs observed that UPHL has continued to perform credibly despite the challenges posed by underfunding. They commended the management for safeguarding the properties and pledged to advance the issue of capitalising the company to Parliament to facilitate the redevelopment of the underdeveloped properties and enhance revenue generation.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Members of Parliament on the Public Accounts Committee \u2013 Committee on Commissions, Statutory Authorities and State Enterprises (PAC-COSASE) are conducting an oversight visit to Uganda Property Holdings Limited (UPHL) in Mombasa to scrutinise the Auditor General\u2019s observations for the 2024\/25 financial year. The Committee, led by the COSASE Chairperson, Hon. Nkunyingi Muwada, inspected the 24 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4365,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4364","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PAC-COSASE MPs Inspect Uganda\u2019s Properties in Mombasa, Push for Capitalisation of UPHL - KAMPALA TRENDS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kampalatrends.com\/index.php\/2026\/08\/05\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PAC-COSASE MPs Inspect Uganda\u2019s Properties in Mombasa, Push for Capitalisation of UPHL\" \/>\n<meta property=\"og:description\" content=\"Members of Parliament on the Public Accounts Committee \u2013 Committee on Commissions, Statutory Authorities and State Enterprises (PAC-COSASE) are conducting an oversight visit to Uganda Property Holdings Limited (UPHL) in Mombasa to scrutinise the Auditor General\u2019s observations for the 2024\/25 financial year. 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Nkunyingi Muwada, inspected the 24 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kampalatrends.com\/index.php\/2026\/08\/05\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\/\" \/>\n<meta property=\"og:site_name\" content=\"KAMPALA TRENDS\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kampalatrendz\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-05T10:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kampalatrends.com\/wp-content\/uploads\/2026\/03\/Kampala-Trends-Logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Anthony Kalyango\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@kampalatrendz\" \/>\n<meta name=\"twitter:site\" content=\"@kampalatrendz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anthony Kalyango\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/kampalatrends.com\\\/index.php\\\/2026\\\/08\\\/05\\\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kampalatrends.com\\\/index.php\\\/2026\\\/08\\\/05\\\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\\\/\"},\"author\":{\"name\":\"Anthony Kalyango\",\"@id\":\"https:\\\/\\\/kampalatrends.com\\\/#\\\/schema\\\/person\\\/6c0b863402049bc80a3feac2e566112d\"},\"headline\":\"PAC-COSASE MPs Inspect Uganda\u2019s Properties in Mombasa, Push for Capitalisation of UPHL\",\"datePublished\":\"2026-08-05T10:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/kampalatrends.com\\\/index.php\\\/2026\\\/08\\\/05\\\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\\\/\"},\"wordCount\":217,\"publisher\":{\"@id\":\"https:\\\/\\\/kampalatrends.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/kampalatrends.com\\\/index.php\\\/2026\\\/08\\\/05\\\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kampalatrends.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/PAC-COSASE-MPs-Inspect-Ugandas-Properties-in-Mombasa-Push-for-Capitalisation.jpeg\",\"articleSection\":[\"NEWS UPDATES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/kampalatrends.com\\\/index.php\\\/2026\\\/08\\\/05\\\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\\\/\",\"url\":\"https:\\\/\\\/kampalatrends.com\\\/index.php\\\/2026\\\/08\\\/05\\\/pac-cosase-mps-inspect-ugandas-properties-in-mombasa-push-for-capitalisation-of-uphl\\\/\",\"name\":\"PAC-COSASE MPs Inspect Uganda\u2019s Properties in Mombasa, Push for Capitalisation of UPHL - 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